Davidson Trust Co. Buys 103,427 Shares of Schwab US Large-Cap ETF $SCHX

Davidson Trust Co. increased its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 120.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 189,035 shares of the company’s stock after purchasing an additional 103,427 shares during the quarter. Schwab US Large-Cap ETF accounts for 2.1% of Davidson Trust Co.’s investment portfolio, making the stock its 8th largest position. Davidson Trust Co.’s holdings in Schwab US Large-Cap ETF were worth $4,847,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Payne Capital LLC boosted its holdings in Schwab US Large-Cap ETF by 224.6% during the first quarter. Payne Capital LLC now owns 453,237 shares of the company’s stock worth $11,621,000 after buying an additional 313,605 shares in the last quarter. Triangle Securities Wealth Management increased its holdings in Schwab US Large-Cap ETF by 3.8% in the first quarter. Triangle Securities Wealth Management now owns 268,645 shares of the company’s stock valued at $6,888,000 after buying an additional 9,781 shares in the last quarter. Dagco Inc. lifted its position in shares of Schwab US Large-Cap ETF by 394.1% during the 1st quarter. Dagco Inc. now owns 22,236 shares of the company’s stock valued at $570,000 after acquiring an additional 17,736 shares during the period. Christensen King & Associates Investment Services Inc. lifted its position in shares of Schwab US Large-Cap ETF by 0.6% during the 1st quarter. Christensen King & Associates Investment Services Inc. now owns 1,149,357 shares of the company’s stock valued at $29,470,000 after acquiring an additional 7,393 shares during the period. Finally, Ritholtz Wealth Management boosted its stake in shares of Schwab US Large-Cap ETF by 8.7% during the 1st quarter. Ritholtz Wealth Management now owns 37,259 shares of the company’s stock worth $955,000 after acquiring an additional 2,992 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

SCHX opened at $28.88 on Friday. Schwab US Large-Cap ETF has a 1-year low of $24.08 and a 1-year high of $29.95. The stock has a market cap of $69.64 billion, a P/E ratio of 25.66 and a beta of 1.01. The stock’s 50 day simple moving average is $28.94 and its 200 day simple moving average is $27.56.

Schwab US Large-Cap ETF Company Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.